Introducing PevPot.com The Bitcoin Lottery

[Blawpaw]

It looks nice. I guess I'll give it a try and come back later to give you my opinion

[Harpua]

How stupid of me, sent 0.01 BTC using a web wallet lol.
Oh well, a little donation to the pot anyway )

Don't worry, it's not a problem at all. If you won, I'll work with you and help you get the money =)   [This is why I don't just blindly send back to the sending address]

Do we need to provide a tx id when we place a bet here? I'm confused in how you can know who to contact if someone does end up winning if you just have the address it was sent from?

[NLNico]

Lol 5 blocks in last 5 minutes. I guess miners want to speed up the PevPot results xD 3 blocks left (and 6 after that for hash.)


edit: wow, 3 in 2 minutes. Didn't even have time to send sponsor money lol.


Best time to bet is right now!

[Harpua]

Do we need to provide a tx id when we place a bet here? I'm confused in how you can know who to contact if someone does end up winning if you just have the address it was sent from?

No, if you do it properly it will all be automated. I'd recommend creating a forwarding address from:
https://www.pevpot.com/how-to-play


(Just if you do it wrong, and pay from shared-wallet ... or enter the wrong address (like draw #3), let me know and I can work with you to correct it).

BTW I'm going to sleep now, so I'll handle the draw/payment in the morning =)

Ahh, shit... yeah I didn't see this until just now and paid to play the #6th drawing and the #7th one as well... well, if by some kind of miracle I win, I will definitely do everything in my power to verify it's me. I'll just register later when it comes time for the #8th drawing I suppose. I'm going to bed now as well, hope to wake up and see that my ticket is the gold one 

[syndria]

This is my first time trying it, i sent some mbtc before the drawing 6 end. How to know who win?

[NLNico]

We had to wait till block #389006 (always 6th block after draw finished.) The hash of that block is used in the calculation: https://www.blocktrail.com/BTC/block/0000000000000000006d52ca33c82ed5320d21be7d8237020fcd037235403cd2

I am personally calculating the results myself and obviously Ryan will also calculate it to determine the winner. This calculation can take a few hours. So after a few hours we will have the result If you want to verify the result, you can also run the calculation yourself (but takes time and you should have some technical knowledge.)

[NLNico]

Unofficial result for #6: 25238990480fd040ff51f793de5f998d4c3e062f09feaa0f6cf6bab34e44edfc



edit: mm so the "Verify" script says 1,553,035,541 tickets, but the Draw page says 1,553,025,541. This gives 2 different winners (by verify script 5 BTC bettor, by draw page 10 BTC bettor):

>>> print 0x25238990480fd040ff51f793de5f998d4c3e062f09feaa0f6cf6bab34e44edfc % 1553035541
1100532042

>>> print 0x25238990480fd040ff51f793de5f998d4c3e062f09feaa0f6cf6bab34e44edfc % 1553025541
260547462

Which one is correct?




edit: previous draws also seem to add 10k tickets at verify script? So I am guessing the draw page is correct.

[coinableS]

and the winner is announced:  https://www.pevpot.com/draw/6 !

Link returns `not found`   should be  `/draws/`

[dooglus]

Unofficial result for #6: 25238990480fd040ff51f793de5f998d4c3e062f09feaa0f6cf6bab34e44edfc



edit: mm so the "Verify" script says 1,553,035,541 tickets, but the Draw page says 1,553,025,541. This gives 2 different winners (by verify script 5 BTC bettor, by draw page 10 BTC bettor):

>>> print 0x25238990480fd040ff51f793de5f998d4c3e062f09feaa0f6cf6bab34e44edfc % 1553035541
1100532042

>>> print 0x25238990480fd040ff51f793de5f998d4c3e062f09feaa0f6cf6bab34e44edfc % 1553025541
260547462

Which one is correct?




edit: previous draws also seem to add 10k tickets at verify script? So I am guessing the draw page is correct.

I wrote a script to verify the first draw. Here's what it says for this most recent draw:

05a583cf14b26fe400fbb9710213c43f0db2551199bd97f04713365955c9a2d3  0.00230000 :          0 -     229999
095e1dc03c03a563a98f33a4ba52dfa1ef5d7dc3abe83058cc1dd54e8720201f  0.00997120 :     230000 -    1227119
16cc778a0c24951802a08906b0c69ff432849c04f599ea2a2045c38dddc164ca  0.00010000 :    1227120 -    1237119
1cdc5f039ebe981c51c085f71de7b98383633ff0db81904cc065d647a1f577c8  0.01777700 :    1237120 -    3014819
2feb810fb825fe7fa9229d7d381327f74e6ddf6af8b991105f387e164983de44  0.01174635 :    3014820 -    4189454
2ffa4be958adaa3b9182cc425772af9548f4f7435bbd87cec240ab3a21ed6677  0.00323263 :    4189455 -    4512717
320f7520c1c263ee4b0e12af92ff1c3ff92714da4a8ca018d4abfaeae9c93d26  0.00387760 :    4512718 -    4900477
3e97cc5eff116395714e9b43ca3d14baa54e67581ca10c31c778f385413371b2  0.00472135 :    4900478 -    5372612
3f7b04a495892075619c702483de5de13aa4cd442bc41e4a472891a403e102f5  0.05000000 :    5372613 -   10372612
407de19779c74bacca8f2829b6f053ab9d295bd15eba86585e9b8ab5833ee226  0.04987120 :   10372613 -   15359732
451fd42a88aabbb312a15ffc97508348c32874c71eac68114eb509898a7a3b7d  0.00087120 :   15359733 -   15446852
46f760b049d4152c3323b915dfbcced9d9e2c65e51b93b85cea455519287f1bb  0.00997120 :   15446853 -   16443972
5061bf827d248b4bb8d069868a761cea78d1a08370dc629adcfd38db8c5e813d  0.00399281 :   16443973 -   16843253
51b04285e819b137b6249f5e307895421d2477c20bb69a59bf2cf64d89217d1a  0.00660135 :   16843254 -   17503388
5446a0e05167ffc4fb7f4b55135e70940369abfe31436d0306c86ee243f70bc0  0.00297135 :   17503389 -   17800523
57dc2f128a40ae5e5b6e27437457c01788879c44e91f24212da4038b193851bb  0.00504980 :   17800524 -   18305503
606a17e69f234f0258c3026ace6cbdc30adaa1a5664ae84d52985d85c4869111  0.01000000 :   18305504 -   19305503
61edb7e469a7eee6f0a2de3565f2342eb714216e248915d576d81920bae1cce1 10.10097220 :   19305504 - 1029402723
8a17455f7b7b0d7287b7da5507c74ad1299ca2329ae5890dfb3bb8d90f2bfa4e  0.01000000 : 1029402724 - 1030402723
92d8e3adfe981f1185cf2faf5dd7b60157877d1056fbb405eb8788f6815c4185  0.00022721 : 1030402724 - 1030425444
a24c841ebbcb8f29d4183fab258eb1d971c30468aeef97785897c7b88bc1d010  0.00097135 : 1030425445 - 1030522579
a54b8ae76fd84ba7edb8c24e456cf31a0937d0f2a704304c3c94244a40aa371b  4.99997135 : 1030522580 - 1530519714
a7a19f7e9c4d4719ba7dbe8d235f80a749254bd0564d51be0c2dabdd7382e688  0.00100000 : 1530519715 - 1530619714
a9dafbec95ab39c20cd03d98cc096011d306a8300ae5e805c180d4ec2e6f8728  0.00400000 : 1530619715 - 1531019714
b437100d449d6939a774d3901937b6a584301c5c0aa072f12ad2fb60eea10b4d  0.00014451 : 1531019715 - 1531034165
b859e7193acec1b3aef2826d734181f4a661cf27e8a9a47f726ab256e1cf7b30  0.00997120 : 1531034166 - 1532031285
bd30905fb1ee25fc1c9297a7f3c3e8707e8db89098418e788e4b5516b5f819f4  0.00997120 : 1532031286 - 1533028405
f6ec2a7654950d48a43ec0ad45755b2abd79b0c7d4c5032915ef74baede6a06f  0.19997135 : 1533028406 - 1553025540

modulo 1553025541

Edit: I just noticed that https://www.pevpot.com/draws/6 has off-by-one errors.

The first tx bought 230,000 tickets, 0 through 229,999 - but the linked page says 0 through 230,000 (which is 230,001 tickets). Taking 1 from each number in the 'to' column would fix this.

[fxmgt]

Hi,
I am very fan of Ryan and Pevpot. Thanks for this honest, fair website.
Just a remark... for beginners like me, it is IMPOSSIBLE to know if I won, or not.
The only way I know is checking here when you say "the whale won", then I know I did not win.
So, for the last draw, the winner betted 5-10 btc right, then it's not me?

Hope for the next draw you can say how much was betted, then I have a first idea if it's me, or not... - also this way we'll have the risk-reward ratio

Thanks again, astonished there is not much more players.... no problem then I have more odds to win... less...

[NLNico]

Well on https://www.pevpot.com you can scroll to "past draws" and click on latest: https://www.pevpot.com/draws/6 it's pretty clear who won on that page?

But I agree it should be a bit more highlighted on homepage. Maybe a block under current draw on homepage with "Last draw #6, Prize: 15.66BTC, Winner: 61edb7.. of 10.1009722 BTC, Details". If the draw just ended it should say something like "We are calculating the result, this takes a few hours.. come back later to see if you won!".

[Harpua]

Good luck to everyone by tomorrow   ... This will definitely make a nice Christmas gift to whoever wins.

[syndria]

The draw has been made: https://www.pevpot.com/draws/7

Merry Christmas everyone =)

Not my lucky day damn but congrats to the winner.

Merry Christmas

[coinableS]

Looks like whale wins

[cowbay]

https://www.pevpot.com/draws/8

Looks like cowbay won again

whale won again (everything is relative)

[Financisto]

Nice and innovative lottery project. Congratulations!

It loosely reminds me of a crazy idea (not so +EV) I had long ago:

https://bitcointalk.org/index.php?topic=409660.0

If marketing is well done, your project may become the Google of lotteries! 

BTW (talking about Google) why not displaying AdWords like style of ads from sponsors alongside with their banners/images?

Pot decreased considerably...

Tip: raise min ticket purchase to .001 BTC so things get more interesting once more...

[btc-raffle.com]

Seems like the site owner can just deposit 10 BTC and have a huge chance of winning.

I looked at the site and red flags pop up saying thats what is happening.

If you look only 1 person buys a ton of tickets and wins every time.

[Financisto]

Seems like the site owner can just deposit 10 BTC and have a huge chance of winning.

I looked at the site and red flags pop up saying thats what is happening.

If you look only 1 person buys a ton of tickets and wins every time.

But that doesn't mean the site owner is cheating (because the game is provably fair).

p.s. but it might mean that there is a considerable conflict of interest happening every round...

[syndria]

I think just a bit unfair like last draw where someone deposited 10Btc and won. Only those who can deposit higher amount has the high chances of winning and if you dont have you are just donating coz you have0 0% chances to take the current prize pot.

A maximum tickets per participants is necessary to be fair to those cant afford to buy high enough.

[Financisto]

^^ If max number of tickets per player is set, a whale only needs to buy several of them in order to divide his 10 BTC bet.

It works like real life: "Offline" lotteries work that way too...

If that whale bets 10 BTC and loses (and it's possible), that's gonna hurt...